Kenny Kellyn Smith - 12 Jan 2024 Form 4 Insider Report for AT&T INC. (T)

Signature
/s/ Johnell C. Holland, Attorney-in-fact
Issuer symbol
T
Transactions as of
12 Jan 2024
Net transactions value
-$179,912
Form type
4
Filing time
17 Jan 2024, 17:20:36 UTC
Previous filing
02 Nov 2023
Next filing
29 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Options Exercise +8,475 +6.4% 141,880 12 Jan 2024 Direct F1
transaction T Common Stock Tax liability $34,015 -2,064 -1.4% $16.48 148,786 12 Jan 2024 Direct F2
transaction T Common Stock Options Exercise +12,415 +9% 150,850 12 Jan 2024 Direct F3
transaction T Common Stock Tax liability $56,774 -3,445 -2.4% $16.48 138,435 12 Jan 2024 Direct F2
transaction T Common Stock Options Exercise +1,233 +0.83% 150,019 12 Jan 2024 Direct F4
transaction T Common Stock Tax liability $4,960 -301 -0.2% $16.48 149,718 12 Jan 2024 Direct F2
transaction T Common Stock Options Exercise +11,806 +7.9% 161,524 12 Jan 2024 Direct F4
transaction T Common Stock Tax liability $47,380 -2,875 -1.8% $16.48 158,649 12 Jan 2024 Direct F2
transaction T Common Stock Options Exercise +9,166 +5.8% 167,815 12 Jan 2024 Direct F5
transaction T Common Stock Tax liability $36,783 -2,232 -1.3% $16.48 165,583 12 Jan 2024 Direct F2
holding T Common Stock 2,269 12 Jan 2024 By 401(k) F6
holding T Common Stock 9,342 12 Jan 2024 By Benefit Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction T Restricted Stock Units (2021) Options Exercise -8,475 -100% 0 12 Jan 2024 Common Stock 8,475 Direct F1
transaction T Restricted Stock Units (2021) Options Exercise -12,415 -100% 0 12 Jan 2024 Common Stock 12,415 Direct F3
transaction T Restricted Stock Units (2022) Options Exercise -1,233 -50% 1,233 12 Jan 2024 Common Stock 1,233 Direct F4
transaction T Restricted Stock Units (2022) Options Exercise -11,806 -50% 11,804 12 Jan 2024 Common Stock 11,806 Direct F4
transaction T Restricted Stock Units (2023) Options Exercise -9,166 -33% 18,334 12 Jan 2024 Common Stock 9,166 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units acquired pursuant to the 2018 Incentive Plan. Each unit will convert into one share of issuer's common stock. One-half of units vest and distribute on each 1/15/2023 and 1/15/2024. Vesting (but not distribution) is accelerated on retirement eligibility.
F2 Mandatory tax withholding on distribution of Restricted Stock Units.
F3 Restricted stock units acquired pursuant to the 2018 Incentive Plan. Each unit will convert into one share of issuer's common stock. Units vest and distribute on 1/15/2024. Vesting (but not distribution) is accelerated on retirement eligibility.
F4 Restricted stock units acquired pursuant to the 2018 Incentive Plan. Each unit will convert into one share of issuer's common stock. One-third of the units vest and distribute on each of 1/15/2023, 1/15/2024 and 1/15/2025. Vesting (but not distribution) is accelerated on retirement eligibility.
F5 Restricted stock units acquired pursuant to the 2018 Incentive Plan. Each unit will convert into one share of issuer's common stock. One-third of the units vests and distributes on each of 1/15/2024, 1/15/2025, and 1/15/2026. Vesting (but not distribution) is accelerated on retirement eligibility.
F6 Based on a 401(k) plan statement dated 12/29/2023.